anonymous
  • anonymous
What was one result of the Fordney-McCumber Act?
History
  • Stacey Warren - Expert brainly.com
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chestercat
  • chestercat
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anonymous
  • anonymous
The Fordney–McCumber Tariff of 1922 raised American tariffs in order to protect factories and farms. Congress displayed a pro-business attitude in passing the ad valorem tariff and in promoting foreign trade through providing huge loans to Europe, which in turn bought more American goods.[1] The Roaring Twenties brought a period of sustained economic prosperity with an end to the Depression of 1920–21. hope this helps ;)
anonymous
  • anonymous
Question: What was one result of the Fordney-McCumber Act? Correct Answer: High tariffs discouraged international trade.

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